Thank you Brandon and Josh for changing my life!!!

I have considered investing in two such properties at the same time; one to occupy with a smaller deposit but a lower interest rate, and a second with a higher deposit and higher rate.We are still a few months aways from buying so open to changing strategy entirely and happy to hear all thoughts and ideas.

If it's not a competitive market, check out recent sales, and see if there is a big discount for cash buyers, if it's significant, that'd make me  change my plan.     

I'm ready to begin investing again, but I know things have changed quite a bit since 4 years ago.

Highly unlikely you will be able to change your personality.

Could he buy and somehow refinance back with a name of title change??

This option for renting could be game changing, and its possible! 

With the change in management from the previous owner, we expected a bunch of maintenance requests would come in the first few months and then slow down over the rest of the year and that's exactly what happened.

Unfortunately he believes the current numbers are now correct so if I change contractors it will not resolve the fact that there will not be enough money to complete.The bank just informed me that they will not allow him to take from other line items to pay for his current overages.

Depending on what feedback you get to item1.A, it may be more palatable to the gov. to reduce/change the regs. for all by revising the text of their regs.3.